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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+29.97%
3d Period Avg+14.09%
swing±27.79%
LONG BingX · now
−39.89%
3d avg:−10.07%
SHORT Bybit · now
−9.92%
3d avg:+4.02%
Entry Spread Now
+2.381%
In your favorL 0.1096 · S 0.1122+$238.12 if it converges
24h range −1.13%…+1.27% · median −0.01%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$9.42
−0.09%
$Avg Daily PnL
+$3.86
+0.0386%
★Best Day
+$5.98
Oct 11
◎Open Interest
⚡Funding APR
+14.08%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
5.4d
to break even
◧24h Volume
Loading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + fees only (orderbook snapshot stale) on both legs (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.